The new gender pay gap regulations for companies with at least 250 employees have received parliamentary approval and are awaiting sign off by ministers.
The Government and Acas have issued draft statutory guidance to assist employers with gender pay gap reporting. The guidance provides practical advice on how to carry out gender pay gap reports, clarification of some of the key terms and provisions in the regulations, and “essential considerations” on how employers can reduce the gender pay gap.
The snapshot date for collecting data is 5 April 2017, and the first deadline for publishing gender pay gap reports is 4 April 2018.
The advice, in the guidance, on steps employers can take to reduce their gender pay gap, includes:
• effective monitoring of gender differences in the recruitment balance, starting salaries, promotions, and flexible working requests across all job types and levels of seniority, etc.
• managing family-friendly leave successfully by encouraging men to consider taking shared parental leave and considering whether maternity, adoption, paternity and shared parental pay should be given comparable financial value.
• ensuring that promotions, especially for senior roles, can function with flexible working arrangements in place.